Bankrupt auto-parts maker First Brands could run out of cash by the end of the month, and it is seeking additional funding from its lenders and pursuing near-term asset sales in order to buy more time to restructure a business that has been plagued by fraud allegations, its attorneys said Wednesday.
Jan 7 – Bankrupt auto-parts maker First Brands could run out of cash by the end of the month, and it is seeking additional funding from its lenders and pursuing near-term asset sales in order to buy more time to restructure a business that has been p… [2531 chars]
Source: Reuters | Published: 2026-01-07T21:53:11Z
Credit: Reuters
